Gladstone Commercial Q2 2024 FFO $0.36 Beats $0.33 Estimate, Sales $37.057M Beat $35.807M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gladstone Commercial (NASDAQ:GOOD) reported Q2 2024 FFO of $0.36 per share, beating the analyst estimate of $0.33. The company also reported sales of $37.057 million, surpassing the $35.807 million estimate. However, this represents a 4.14% decrease from the same period last year.
August 06, 2024 | 8:59 pm
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Gladstone Commercial (NASDAQ:GOOD) reported Q2 2024 FFO of $0.36 per share, beating the analyst estimate of $0.33. The company also reported sales of $37.057 million, surpassing the $35.807 million estimate. However, this represents a 4.14% decrease from the same period last year.
Gladstone Commercial's Q2 2024 earnings and sales both exceeded analyst estimates, which is likely to have a positive short-term impact on the stock price. However, the year-over-year sales decline may temper some of the enthusiasm.
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